06 Aug
|
BrandzStorm
|
Mumbai
06 Aug
BrandzStorm
Mumbai
Company - Brandzstorm India Marketing Pvt Ltd
Brands - Giordano, London Fog & Daniel Hechter
Location - Andheri
Role : Buying & Merchandising Manager
Experience - 4 to 7 years
Salary - 5LPA to 7LPA
Job responsibilities :
1. Procurement and Buying: The manager sources products from suppliers, negotiates prices and terms, and ensures timely delivery to meet customer demand. They evaluate supplier options, forecast product needs, and maintain optimal inventory levels to avoid stockouts or overstock situations.
2. Merchandising Strategy: They plan and execute merchandising strategies that align with company objectives and customer expectations. This includes developing seasonal product ranges, creating promotional plans, and ensuring products are displayed effectively in stores or online
3. Inventory Management: Monitoring stock levels, analyzing sales trends, and adjusting orders are key tasks. Effective inventory management reduces waste, controls costs, and ensures the right products are available at the right time
4. Sales Analysis and Forecasting: Managers analyze sales data, customer behavior, and market trends to anticipate demand, optimize product placement, and inform pricing strategies. This helps in making data-driven decisions to maximize revenue
5. Pricing and Promotions: They develop competitive pricing strategies and promotional campaigns to drive sales while maintaining profitability.
This includes coordinating with marketing teams to ensure campaigns align with company goals .
6. Team Leadership and Collaboration: Buying and merchandising managers lead teams of merchandisers, marketing staff, and store personnel. They mentor staff, coordinate cross-departmental efforts, and ensure smooth execution of merchandising plans
7. Market Research and Trend Analysis: Staying ahead of market trends, competitor products, and consumer preferences is essential. Managers use this information to adjust product offerings and maintain a competitive edge
8. Reporting and Documentation: Preparing reports on inventory, sales performance, and supplier performance is part of the role. These reports guide strategic decisions and help track progress against business objectives
Skills and Qualifications
- Solid analytical and decision-making skills to interpret sales data and market trends
- Experience in retail, fashion, or relevant industries, often with 4–7 years in buying or merchandising roles
- Proficiency in merchandise management systems, MS Office, and e-commerce metrics
- Excellent communication, negotiation, and leadership skills to manage teams and supplier relationships
- Educational background typically includes a bachelor’s degree in business, marketing, merchandising, or related fields.
📌 Buying & Merchandising Manager & Executive (Mumbai)
🏢 BrandzStorm
📍 Mumbai